Oceania
Report: 82% of employees say AI will improve their jobs
A majority of employees globally say artificial intelligence (AI) could help improve their jobs and workplaces, according to new research from The Workplace Institute at Kronos. A little more than four out of five workers (82%) say AI could make their jobs more empowering and engaging, the report said. The findings suggest worker buy-in is in increasing, potentially allowing the workforce to be more accepting of new technologies used in digital transformation efforts. The survey looked at nearly 3,000 employees from Australia, Canada, France, Germany, Mexico, New Zealand, the United Kingdom, and the US. Respondents from all eight countries said they would accept AI in the workplace for a few reasons: Simplifying time-consuming processes (64% of respondents), balancing their workload (64%), increasing fairness (62%), and helping managers make better decisions (57%).
Majority of Employees Worldwide Think Artificial Intelligence Can Make Work Better
According to a global survey of nearly 3,000 employees across eight nations conducted by The Workforce Institute at Kronos Incorporated, four out of five employees surveyed see significant opportunity for artificial intelligence (AI) to create a more engaging and empowering workplace experience, yet admit a lack of transparency from their employers is a primary driver of fear and concern. The Engaging Opportunity: Working Smarter with AI survey conducted with Coleman Parkes Research explores how employees – both hourly and salaried from a variety of industries in Australia, Canada, France, Germany, Mexico, New Zealand, the United Kingdom, and the U.S. – believe emerging technologies should be used to improve the future of work. The Workforce Institute at Kronos provides research and education on critical workplace issues facing organizations around the globe. By bringing together thought leaders, The Workforce Institute at Kronos is uniquely positioned to empower organizations with the knowledge and information they need to manage their workforce effectively and provide a voice for employees on important workplace issues. A hallmark of The Workforce Institute's research is balancing the needs and desires of diverse employee populations with the needs of organizations.
Artificial Intelligence Can Make Work Better Says Majority of Workers
Four out of five employees surveyed see significant opportunity for artificial intelligence (AI) to create a more engaging and empowering workplace experience, yet admit a lack of transparency from their employers is a primary driver of fear and concern. This is according to a global survey of nearly 3,000 employees across eight nations conducted by The Workforce Institute at Kronos Incorporated. The survey, "Engaging Opportunity: Working Smarter with AI," conducted with Coleman Parkes Research, explores how employees – both hourly and salaried from a variety of industries in Australia, Canada, France, Germany, Mexico, New Zealand, the United Kingdom, and the U.S. – believe emerging technologies should be used to improve the future of work. "Organizations are making significant investments in benefits, technology, and innovative workplaces, yet employees are working more than ever and engagement has remained stagnant for decades," said Joyce Maroney, executive director, The Workforce Institute at Kronos. " While emerging technologies always generate uncertainty, this survey shows employees worldwide share a cautious optimism that artificial intelligence is a promising tool that could pave the way for a game-changing employee experience if it is used to add fairness and eliminate low-value workplace processes and tasks, allowing employees to focus on the parts of their roles that really matter."
Guide Actor-Critic for Continuous Control
Tangkaratt, Voot, Abdolmaleki, Abbas, Sugiyama, Masashi
Actor-critic methods solve reinforcement learning problems by updating a parameterized policy known as an actor in a direction that increases an estimate of the expected return known as a critic. However, existing actor-critic methods only use values or gradients of the critic to update the policy parameter. In this paper, we propose a novel actor-critic method called the guide actor-critic (GAC). GAC firstly learns a guide actor that locally maximizes the critic and then it updates the policy parameter based on the guide actor by supervised learning. Our main theoretical contributions are two folds. First, we show that GAC updates the guide actor by performing second-order optimization in the action space where the curvature matrix is based on the Hessians of the critic. Second, we show that the deterministic policy gradient method is a special case of GAC when the Hessians are ignored. Through experiments, we show that our method is a promising reinforcement learning method for continuous controls.
NAB workers latest to fall as automation transforms the economy
Six-thousand retrenched National Australia Bank (NAB) employees start leaving from this week, largely from the bank's Melbourne head office, as software takes over increasingly complex tasks. The cuts -- one in every five members of NAB's workforce -- were announced in November, the same day the bank revealed a $5.3 billion annual net profit. Dominic Barton works for the world's top CEOs, as global managing partner of consulting firm McKinsey and Company. "For 60 per cent of jobs, 30 per cent of the activities are automatable," he said. In his view, automation and software that analyses information and makes decisions will transform the business landscape -- doing jobs that, until recently, required well-paid "knowledge workers".
Digitalist Flash Briefing: AI Won't Save Us From Pointless Jobs Unless We Let It
In the tech world in 2017, several trends emerged as signals amid the noise, signifying much larger changes to come. As we noted in last year's More Than Noise list, things are changing--and the changes are occurring in ways that don't necessarily fit into the prevailing narrative. While many of 2017's signals have a dark tint to them, perhaps reflecting the times we live in, we have sought out some rays of light to illuminate the way forward. The following signals differ considerably, but understanding them can help guide businesses in the right direction for 2018 and beyond. When a team of psychologists, linguists, and software engineers created Woebot, an AI chatbot that helps people learn cognitive behavioral therapy techniques for managing mental health issues like anxiety and depression, they did something unusual, at least when it comes to chatbots: they submitted it for peer review. Stanford University researchers recruited a sample group of 70 college-age participants on social media to take part in a randomized control study of Woebot. The researchers found that their creation was useful for improving anxiety and depression symptoms.
Top fintech predictions for 2018
In its latest Pulse of fintech report, released last week, the firm sets out 10 factors it reckons will drive financial technology this year, after $US31 billion of deals were struck in 2017. There are now 25 fintech unicorns around the world, collectively valued at $US76 billion (none are from Australia). On the KPMG list is the acceleration of artificial intelligence technology and the growing number of devices connected to the internet of things. It expects AI and IoT enablement "to continue at a rapid pace" as financial services offerings are embedded into home automation systems. A couple of its predictions relate to regulation.
The offloading ape: the human is the beast that automates – Antone Martinho-Truswell Aeon Essays
In the 1920s, the Soviet scientist Ilya Ivanovich Ivanov used artificial insemination to breed a'humanzee' – a cross between a human and our closest relative species, the chimpanzee. Given the moral quandaries a humanzee might create, we can be thankful that Ivanov failed: when the winds of Soviet scientific preferences changed, he was arrested and exiled. But Ivanov's endeavour points to the persistent, post-Darwinian fear and fascination with the question of whether humans are a creature apart, above all other life, or whether we're just one more animal in a mad scientist's menagerie. Humans have searched and repeatedly failed to rescue ourselves from this disquieting commonality. Numerous dividers between humans and beasts have been proposed: thought and language, tools and rules, culture, imitation, empathy, morality, hate, even a grasp of'folk' physics. But they've all failed, in one way or another. I'd like to put forward a new contender – strangely, the very same tendency that elicits the most dread and excitement among political and economic commentators today. We lost our exclusive position in the animal kingdom, not because we overestimated ourselves, but because we underestimated our cousins.
Preparing for Urban 4.0
Conventional models, while still solid, are no longer up to the heightened challenges of the present. Exponentially improving technologies for the Internet of Things (IoT) and artificial intelligence are enabling urban developments with much higher levels of efficiency and flexibility to conserve resources, promote security, and boost the quality of life. The key development is not the technologies themselves, but their integration around a holistic view of urbanization that enables a series of smart services. Instead of focusing on single services, or specific buildings or highways, leading organizations around the world are using IoT and analytics to optimize infrastructure generally and evolve with changing needs. While getting there will take a great deal of investment and expertise, the result will be places where residents thrive in unexpected ways in their personalized urban developments.